Web3
Moonshot AI plans Hong Kong IPO within six months as Kimi K3 model rattles tech and crypto markets
Crypto Briefing·July 19, 2026·1 min read
Moonshot AI plans a Hong Kong IPO within six months at a $20-30 billion valuation. Its Kimi K3 model outperforms US rivals, triggering sell-offs in tech stocks and crypto markets. The AI advancement is impacting both traditional and digital asset markets, though no specific tokens were mentioned.
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